Semadco is one step closer to bringing its Suez ammonia factory to life: State-owned El Nasr for Fertilizers & Chemical Industries (Semadco) is gearing up to set up a wind farm and solar power stations with a combined capacity of 500 MW to power its new green ammonia factory in Suez, Al Mal reports, citing sources it says have knowledge of the matter. The company has reportedly requested a plot of land from the Electricity Ministry for the renewables project, and the ministry is expected to allocate land for the wind farm before year-end.

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It’s been a long time coming: We first heard of the green ammonia project in 2019, after Semadco reportedly inked an MoU with clean energy developer Benchmark Power International to build a USD 600 mn ammonia factory in Suez, with Semadco set to provide the land on a usufruct basis.

The project could be worth more than we thought: The green ammonia plant is being set up with USD 700 mn worth of local and US investments, according to Al Mal. The foreign investor will also oversee financing for the solar and wind facilities.

The blueprint is complete: A complete plan for the project has been devised and the needed equipment has been determined for importation, the source said.

Export infrastructure is on the agenda: The project involves the construction of a 10 km pipeline extending from the factory to Suez’s Adabiya Port to export the produced ammonia to foreign markets.

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